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2014 May 26   12:02

Vallianz starts expansion and diversification of vessel fleet with acquisition of two Ulstein P128 platform supply vessels

Vallianz Holdings Limited, an integrated offshore marine solutions provider in the offshore oil and gas industry, will be boosting its fleet capabilities with the addition of platform supply vessels of Ulstein P128 and PX128 designs, the company said in its press release.

The New PSVs are the first of its kind in the world and charts the start of the modernisation and diversification for Vallianz’s current fleet of 28 vessels. Two Ulstein P128 vessels have been acquired and will be delivered within the next 6 to 12 months as part of the planned expansion programm e of 24 vessels as announced by Vallianz in April 2014.

Separately, an addition of ten PX128 vessels will be added to the Vallianz fleet subsequently. These additional 10 PX 128 vessels will be jointly developed with Ulstein Asia Pte Ltd with strong involvement from Vallianz. The Ulstein P128 vessels measure 71.5 metres by 15 metres, with a deadweight of approximately 3,000 tonnes and are equipped for 24 persons. It features a 610 sq m work deck capable of accommodating four lengths of twelve metre-long casing pipes and is enclosed by plate-covered crash barriers pro viding increased safety for crew and cargo.

Its discharge system has been designed for safe and efficient loading and discharging of several dry and wet bulk cargoes simultaneously. Commented Mr. Darren Yeo, Chief Executive Officer of Vallianz: “I look forward to the addition of the Ulstein P128 PSVs to our existing fleet of vessels. The Ulstein P128 vessels combine low fuel consumption with high carr ying capacity. The vessels are diesel-powered, equipped with dynamic positioning and include automation systems for machinery and cargo handling that will contribute to safe and efficient vessel operations.”